Enterprise Survival and Growth: A Conceptual Exposition of Entrepreneurial Activities in Sub-Saharan Africa

Deji Olagboye (), Demola Obembe and Godwin Okafor
Additional contact information
Deji Olagboye: De Montfort University
Demola Obembe: De Montfort University
Godwin Okafor: De Montfort University

Chapter Chapter 5 in The Palgrave Handbook of African Entrepreneurship, 2022, pp 93-114 from Springer

Abstract: Abstract Research on Informal Economy has advanced over recent years and gained increasing popularity. Despite this interest, there is a dearth of research exploring the institutionalisation of informal economy enterprises (IEE), particularly enterprises in Sub-Saharan Africa (SSA), and implications for the institutional environment. This chapter begins to address the deficit by conceptualising the establishment of a Nano Enterprise (NE) classification as an enabler for the institutionalisation of informal economy enterprises in Sub-Saharan Africa. The survival and growth of IEE would be inherently challenging as informality creates resource-constraints. We argue that the establishment of a Nano Enterprise classification as an enabler for institutionalisation should operationally enhance the legitimacy and prospect of survival and growth among IEE in Sub-Saharan Africa. Also, that the nature of the context and institutionalisation pressures will equally impact any outcome. Finally, the chapter explores new avenues for entrepreneurship researchers to empirically test the institutionalisation proposal presented in this study.

Keywords: Informal economy; Informal economy enterprises; Institutionalisation; Nano enterprises; Sub-Saharan Africa (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-75894-3_5

Ordering information: This item can be ordered from
http://www.springer.com/9783030758943

DOI: 10.1007/978-3-030-75894-3_5

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().